Oktogo.ru

Some further consolidation in the Russian online travel sector. Following last month’s news that Russian travel startup OneTwoTrip had acquired the analytics-driven hotel price comparison site DealAngel, today Russia’s Oktogo.ru is announcing that it’s gobbled up local online travel portal Travel.ru. Read More

Russia’s Oktogo.ru, the online travel company and hotel aggregator, has raised $5m. The round was led by Mangrove Capital, while ABRT and French fund Ventech VC also participated. Additionally, the founder of OLX, Fabrice Grinda and Jose Marin of IG Expansion will be joining the board.
The new investment will be used by Oktogo to pick up more Russian hotels as customers (7,000… Read More